The commissioner of the Federal Housing Administration told attendees at the annual New England Mortgage Expo that reining in the home-loan industry “is a natural outcome of almost taking down the entire United States economy.” Years of declining home prices, following an unprecedented period of loose lending standards, left the United States on the brink [...]
Posts Tagged ‘Mortgage’
FHA Chief Says Industry Needs Tighter Regulation
Posted by davidguide on January 16th, 2011
Posted in Lending News 
Tags: brink, Business, credibility, Federal, federal housing administration, FHA, great depression, home, Housing, loan industry, Mortgage, mortgage business, mortgage expo, mortgage originators, natural outcome, new england mortgage, Regulation, Tighter, united states economy, unprecedented period 
Comments OffManaging prepayment float. : An article from: Mortgage Banking
Posted by davidguide on December 28th, 2010
Product DescriptionThis digital document is an article from Mortgage Banking, published by Mortgage Bankers Association of America on April 1, 1994. The length of the article is 3868 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital [...]
Posted in Bad Credit Loan Tips Tags: amazon, april 1, Association, author, Banking, citation, com, digital document, document, float., Journal, Magazine, Mortgage, mortgage bankers association, mortgage bankers association of america, mortgage banking magazine, prepayments, purchase, web browser Comments OffFire officials say Mass. foreclosed properties safety hazards
Posted by davidguide on December 27th, 2010
By Emily Devlin The Sentinel & EnterpriseFITCHBURG, Mass. – Foreclosures aren’t just bad news for the economy, say local fire officials. They create potentially deadly hazards for neighbors, which banks and mortgage companies must take steps to prevent.Both Leominster and Fitchburg fire departments have responded to emergencies at foreclosed houses within the last week.On Dec. [...]
Posted in Lending News Tags: bad news, deadly hazards, economy, EnterpriseFITCHBURG, fire departments, fire officials, Fitchburg, foreclosed houses, foreclosed properties, Leominster, Mortgage, mortgage companies, news, post, Safety, safety hazards, Sentinel, View Comments OffSpotting shifts in markets.: An article from: Mortgage Banking
Posted by davidguide on December 11th, 2010
Product DescriptionThis digital document is an article from Mortgage Banking, published by Mortgage Bankers Association of America on April 1, 1994. The length of the article is 4544 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital [...]
Posted in Bad Credit Loan Tips Tags: amazon, april 1, article, Banking, citation, digital document, From, Markets, Mortgage, mortgage bankers association, mortgage bankers association of america, mortgage banking magazine, shifts, Spotting, web browser Comments OffARM Activity Headed Higher
Posted by davidguide on December 10th, 2010
Prospective borrowers chose an adjustable-rate mortgage on 5.6 percent of the applications tracked in the latest Mortgage Bankers Association’s Weekly Mortgage Applications Survey . ARM share fell from 5.7 percent the previous week. Based on closed loans, Freddie Mac forecasts that ARMs will account for 6 percent of fourth-quarter volume then climb to 10 percent [...]
Posted in subprime Lending Tags: Activity, adjustable rate mortgage, arm, Association, bankers, Freddie, freddie mac, Headed, higher, Loans, Mortgage, mortgage applications, mortgage bankers association, percent, prospective borrowers, share, survey, Week, Weekly, weekly mortgage Comments OffHUD investigates lenders’ fair-housing practices
Posted by davidguide on December 9th, 2010
Federal officials launched an investigation Wednesday to determine whether 22 mortgage lenders have been discriminating against qualified African-American and Latino borrowers by denying them government-insured loans. View full post on All Stories
Posted in subprime Lending Tags: African, American, borrowers, fairhousing, federal officials, investigates, investigation, Latino, lenders, Loans, Mortgage, mortgage lenders, post, practices, Stories, View, Wednesday Comments Off5-Year Sentence for Bank LO Who Modified Loans
Posted by davidguide on December 8th, 2010
A former loan officer at First Security Trust & Savings Bank admitted that he manually modified mortgage loans without his employer’s knowledge. His actions ended up costing the Illinois bank more than $5 million. He was sentenced to 63 months in prison. View full post on All Stories
Posted in subprime Lending Tags: 5 million, 5Year, amp, Bank, employer, first security, Illinois, illinois bank, knowledge, Loan, loan officer, Loans, Modified, Mortgage, mortgage loans, Officer, Savings, savings bank, security, security trust, sentence, Trust Comments OffA definition of terms. : An article from: Mortgage Banking
Posted by davidguide on December 7th, 2010
Product DescriptionThis digital document is an article from Mortgage Banking, published by Mortgage Bankers Association of America on June 1, 1997. The length of the article is 1623 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital [...]
Posted in Bad Credit Loan Tips Tags: amazon, America, article, Association, bankers, Banking, Becky FroassPublication, citation, definition, digital document, From, June, length, Mortgage, mortgage bankers association, mortgage bankers association of america, mortgage banking magazine, page, Terms, web browser Comments OffA battle plan for the price war.: An article from: Mortgage Banking
Posted by davidguide on December 4th, 2010
Product DescriptionThis digital document is an article from Mortgage Banking, published by Mortgage Bankers Association of America on April 1, 1994. The length of the article is 2806 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital [...]
Posted in Bad Credit Loan Tips Tags: amazon, America, April, april 1, article, Association, author paul, bankers, Banking, battle, citation, digital document, From, length, Mortgage, mortgage bankers association, mortgage bankers association of america, mortgage banking magazine, page, Paul NealPublication, plan, price, price war, war, web browser Comments OffWho owns the customer? : An article from: Mortgage Banking
Posted by davidguide on December 2nd, 2010
Product DescriptionThis digital document is an article from Mortgage Banking, published by Mortgage Bankers Association of America on December 1, 1997. The length of the article is 1099 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital [...]
Posted in Bad Credit Loan Tips Tags: amazon, America, article, Association, bankers, Banking, citation, Cover, customer, digital document, From, janet riley, Janet Riley HewittPublication, length, Mortgage, mortgage bankers association, mortgage bankers association of america, mortgage banking magazine, owns, page, story author, web browser, wholesale Comments Off
